TechCrunch Mobility: Elon’s admission
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
TechCrunch Mobility: Elon’s admission Read More »
Amazon
Auto Added by WPeMatico
Meta signs multibillion-dollar deal for Amazon Graviton5 chips as AI compute demand outstrips $135B capex budget
Summary: Meta signed a multibillion-dollar, multi-year deal to deploy tens of millions of Amazon’s Graviton5 ARM CPU cores in AWS data centres for agentic AI workloads. The chips are general-purpose processors, not AI accelerators, handling the CPU-intensive inference and orchestration tasks behind real-time reasoning and multi-step agents. The deal is one piece of a procurement […]
This story continues at The Next Web
X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did.
In short: X-Energy raised $1.02 billion in the largest nuclear IPO on record, pricing at $23 (21% above range) on the Nasdaq, with shares surging 31% on opening to imply a $12 billion market cap. The offering was 15x oversubscribed. The same company failed to close a $1 billion SPAC in 2023. The difference is […]
This story continues at The Next Web
Nuclear startup X-energy raises $1B in data center-driven IPO
Amazon-backed X-energy was able to raise around 20% more money in its IPO as demand for nuclear power surges.
Nuclear startup X-energy raises $1B in data center-driven IPO Read More »
In another wild turn for AI chips, Meta signs deal for millions of Amazon AI CPUs
Meta has commandeered a big chunk of Amazon’s homegrown CPUs (not GPUs) for AI agentic workloads, signaling that a new kind of chip race has begun.
In another wild turn for AI chips, Meta signs deal for millions of Amazon AI CPUs Read More »
Amazon-backed nuclear startup X-Energy raises $1.02 billion in IPO
X-Energy sold 44.3 million Class A shares at $23 each, above the $16–$19 marketed range, and began trading on Nasdaq under the ticker XE on 24 April. The company has $1.8 billion in prior private capital, a $500 million Amazon-led Series C-1, and a binding commitment from Amazon to buy up to 5 gigawatts of […]
This story continues at The Next Web
Amazon-backed nuclear startup X-Energy raises $1.02 billion in IPO Read More »
Amazon Music partners with Bandsintowns for concert listings
Users will be able to see live events of an artist on their Amazon Music profile
Amazon Music partners with Bandsintowns for concert listings Read More »
Amazon taps Sweden’s Einride for its electric big rigs
The agreement comes just as Einride is finalizing a merger with blank-check company Legato Merger Corp. to go public.
Amazon taps Sweden’s Einride for its electric big rigs Read More »
Jeff Bezos’ physical AI lab is close to raising $10 billion at a $38 billion valuation
Project Prometheus, launched in November 2025 with $6.2 billion in initial funding, is developing AI systems that understand the physical world, targeting engineering, manufacturing, aerospace, robotics, and drug discovery. The round has not yet closed. Jeff Bezos is close to finalising a $10 billion funding round for his AI laboratory at a $38 billion valuation, […]
This story continues at The Next Web
Jeff Bezos’ physical AI lab is close to raising $10 billion at a $38 billion valuation Read More »
Amazon puts up to $25 billion more into Anthropic and secures 10-year cloud commitment in return
The deal is Amazon’s second consecutive mega-round with a frontier AI lab, following a near-identical $50 billion investment in OpenAI two months ago. Anthropic’s annualised revenue has reached $30 billion. The arrangement locks Anthropic into AWS’s Trainium chips through Trainium4 and secures up to 5 gigawatts of compute capacity for Claude. Amazon has agreed to […]
This story continues at The Next Web